According to the data of Hangzhou Municipal Bureau of Statistics, from January to April, the consumer market in the city continued to recover, the service industry was improved significantly, the investment projects were advanced steadily, and the economic recovery was well achieved.
As Rene Liu, Jeff Chang and other Chinese singers successively held the concerts at Hangzhou Olympic Sports Centre Stadium, the on-site performance greatly promoted tourism consumption. The data showed that, from January to March, the city’s service industry above designated size achieved the business income of 405 billion yuan, with a growth of 6.0%.
Moreover, the digital economy industry also accelerated its development. In the first quarter, the city introduced 35 key projects worth over 100 million yuan in digital economy and intelligent internet of things to inject the new momentum into the economic development.